Oilseeds Market
By Type;
Soybean, Sunflower, Cottonseed, Palm kernel, Groundnut, Rapeseed and CopraBy Category;
Conventional and Genetically ModifiedBy Product;
Edible Oil and Animal FeedBy Application;
Oilseed Meal and Vegetable OilBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Oilseeds Market Overview
Oilseeds Market (USD Million)
Oilseeds Market was valued at USD 283,726.23 million in the year 2024. The size of this market is expected to increase to USD 375,379.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.
Oilseeds Market
*Market size in USD million
CAGR 4.1 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 4.1 % |
Market Size (2024) | USD 283,726.23 Million |
Market Size (2031) | USD 375,379.44 Million |
Market Concentration | High |
Report Pages | 354 |
Major Players
- Bhler Group
- Bunge Limited
- Wilmar International
- Loius Dreyfus Company
- AGT Food and Ingredients
- CHS Inc.
- Cootamundra Oilseeds
- Oilseeds International
- Mountain States Oilseeds
- Kanematsu Corporation
- Soni Soya Products Limited
- Bora Agro Foods
- ETG Agro Private Limited
- Crystal Crop Protection Ltd
- Bayer AG
- BASF
- Syngenta Seeds
- Cargill
- Bunge Limited
- Archer Daniels Midland Company (ADM)
- Evershining International Trading Co.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Oilseeds Market
Fragmented - Highly competitive market without dominant players
The oilseeds market is advancing rapidly, fueled by the rising popularity of plant-based proteins and vegetable oils. The market has posted a 5% rise in global production volumes, driven by advanced farming technologies and improved oil extraction methods. The increased focus on sustainability is another key factor propelling the growth of oilseed cultivation and processing.
Consumption Trends
The rising demand for vegetable oils and oilseed-derived meals has led to 4% and 3% growth, respectively, over the past year. The food and beverage sector is increasingly incorporating oilseed-based products for their nutritional benefits and versatility. Simultaneously, the cosmetic and biofuel industries are driving additional demand, broadening the market’s scope.
Technological Integration
Cutting-edge processing systems are enabling a 7% increase in oil extraction efficiency. Companies are embracing refining innovations and digital technologies to ensure high-quality outputs. The integration of automation and real-time monitoring is enhancing consistency and productivity across processing facilities, reinforcing market competitiveness.
Future Outlook
The oilseeds market is expected to sustain its 5% plus growth in the foreseeable future. Key drivers include growing health consciousness, increased biodiesel production, and diverse industrial applications. Strategic research and development efforts, combined with sustainable sourcing, are poised to reinforce market expansion and long-term stability.
Oilseeds Market Recent Developments
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In October 2023, Louis Dreyfus Company acquired a grains and oilseeds warehouse in Argentina, boosting its storage capacity and enhancing its local supply‑chain resilience in South America.
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In July 2024, Bunge offered to divest its oilseed crushing and refining plants in Hungary and Poland to secure EU approval for its merger with Viterra, reinforcing regulatory compliance and global competitiveness.
Oilseeds Market Segment Analysis
In this report, the Oilseeds Market has been segmented by Type, Category, Product, Application and Geography.
Oilseeds Market, Segmentation by Type
The Oilseeds Market has been segmented by Type into Soybean, Sunflower, Cottonseed, Palm kernel, Groundnut, Rapeseed and Copra.
Soybean
Soybean is the most dominant type in the oilseeds category, accounting for over 60% of the global production. It is widely used in the food, feed, and biodiesel industries due to its high oil content and protein value. The growth of plant-based protein consumption has significantly boosted demand for soybean-derived products.
Sunflower
Sunflower seeds contribute approximately 10% to the oilseed production. Known for producing light, neutral-tasting oil, sunflower is favored in both culinary and industrial applications. Increasing preference for non-GMO oils has supported this segment’s growth.
Cottonseed
Cottonseed represents nearly 6% of the total oilseed market and is primarily a by-product of cotton production. The oil extracted is commonly used in processed foods and snacks due to its stability and shelf life. Growing cotton cultivation drives demand for this segment.
Palm Kernel
Palm kernel accounts for around 4% of oilseed production and serves as a major source of lauric acid-rich oil. It is heavily used in cosmetics, soaps, and processed foods. Expanding palm plantations in Asia have contributed to the segment’s sustained output.
Groundnut
Groundnut, also known as peanut, holds a share of approximately 8% in the oilseed market. It is highly versatile, used in both edible oil and snack products. Rising demand for natural and minimally processed oils has bolstered this segment.
Rapeseed
Rapeseed makes up about 9% of oilseed production and is popular for its low saturated fat oil. It is extensively used in biofuel production, particularly in Europe. The increasing push for sustainable fuel alternatives is driving rapeseed cultivation.
Copra
Copra, derived from coconut, contributes nearly 3% to oilseed volume. It is primarily used in the production of coconut oil, known for its antimicrobial properties and widespread use in cosmetics. Demand is also fueled by the popularity of tropical oils in food processing.
Oilseeds Market, Segmentation by Category
The Oilseeds Market has been segmented by Category into Conventional and Genetically Modified.
Conventional
Conventional oilseeds account for nearly 65% of the total market share and are widely cultivated using traditional farming techniques without genetic alterations. They are favored in regions with strict regulations against GM crops and remain popular due to consumer demand for natural and organic products. This category continues to see stable growth in both food and industrial sectors.
Genetically Modified
Genetically Modified (GM) oilseeds contribute around 35% to the market, driven by their high yield, pest resistance, and cost efficiency. GM variants are extensively adopted in countries like the U.S., Brazil, and Argentina. Their growing acceptance in animal feed and biofuel production also supports market expansion.
Oilseeds Market, Segmentation by Product
The Oilseeds Market has been segmented by Product into Edible Oil and Animal Feed.
Edible Oil
Edible oil is the dominant product segment, accounting for approximately 70% of total oilseed usage. It includes widely consumed oils such as soybean, sunflower, and groundnut oils, used extensively in household cooking, processed foods, and restaurants. Rising awareness about healthy oils and increasing consumption of vegetable-based diets are fueling growth in this category.
Animal Feed
Animal feed contributes around 30% to the oilseeds market, primarily due to the high protein content of oilseed cakes and meals. These by-products are key ingredients in livestock, poultry, and aquaculture feed. With growing global demand for meat and dairy products, the demand for oilseed-based feed is expanding steadily.
Oilseeds Market, Segmentation by Application
The Oilseeds Market has been segmented by Application into Oilseed Meal and Vegetable Oil.
Oilseed Meal
Oilseed meal accounts for nearly 40% of the oilseeds market by application. It is primarily used as a high-protein supplement in animal feed, benefiting livestock, poultry, and aquaculture industries. The growing demand for sustainable and plant-based feed alternatives is accelerating the use of oilseed meal globally.
Vegetable Oil
Vegetable oil dominates the application segment, comprising about 60% of overall oilseed utilization. Extracted from soybeans, sunflower, rapeseed, and other oilseeds, it is widely used in culinary applications, processed foods, cosmetics, and biofuels. Increasing health consciousness and demand for non-trans fat oils are key growth drivers for this segment.
Oilseeds Market, Segmentation by Geography
In this report, the Oilseeds Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Oilseeds Market Share (%), by Geographical Region
North America
North America holds a significant share in the oilseeds market, contributing around 30% of the global output. The U.S. is a leading producer and exporter, driven by large-scale cultivation of soybeans and adoption of advanced agricultural technologies. Demand is further supported by growing applications in biofuels and animal feed.
Europe
Europe accounts for nearly 20% of the market, with major contributions from countries like France, Germany, and Ukraine. The region focuses on sustainable farming practices, non-GMO cultivation, and rapeseed oil production. Increasing demand for organic oils and plant-based products continues to shape market trends.
Asia Pacific
Asia Pacific dominates the oilseeds market with over 35% share, led by countries such as China, India, and Indonesia. Rising population, growing food processing industries, and expansion in palm oil production drive regional demand. The presence of both producers and consumers makes this region highly dynamic.
Middle East and Africa
Middle East and Africa contribute about 7% to the oilseeds market. While production remains moderate, demand is rising due to increasing consumption of edible oils and protein-rich animal feed. Investments in agriculture infrastructure are also boosting market prospects.
Latin America
Latin America represents roughly 8% of the market, with Brazil and Argentina being key contributors. The region benefits from favorable climate conditions and large-scale adoption of genetically modified seeds. Export-oriented production and a strong agro-industrial base support its growth.
Oilseeds Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Oilseeds Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Demand for Plant-Based Proteins
- Increasing Biofuel Production
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Expanding Food Industry Applications -The increasing use of oilseeds across diverse food applications is creating strong market momentum. As consumer demand grows for plant-based proteins, healthier oils, and functional foods, oilseeds are becoming vital raw materials for numerous products. Their incorporation in meat substitutes, dairy alternatives, and nutritional beverages is rapidly expanding.
Oilseeds such as soybeans, sunflower, canola, and flaxseed are being processed into high-protein flours, oils, and bioactive compounds. These ingredients enhance nutritional value, stability, and mouthfeel in final food formulations. The market is particularly benefiting from the growth of vegan, gluten-free, and clean-label product trends.
Demand for omega-rich and cold-pressed oils in health-conscious segments is boosting oilseed consumption. Food companies are also utilizing emulsification, texture enhancement, and shelf-life benefits derived from oilseed derivatives. This helps manufacturers meet the expectations of ingredient transparency and clean nutrition.
The expansion of food industry applications provides an avenue for oilseed producers to diversify offerings, develop value-added products, and enter specialty food niches that command premium prices.
Restraints
- Fluctuating Prices of Raw Materials
- Environmental Concerns and Regulations
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Climate Change Impact on Crop Yields - Altered rainfall, shifting temperatures, and extreme weather are affecting the yields and geographic distribution of key oilseed crops. This is prompting investment in climate-resilient varieties and adaptive cultivation techniques.
Producers and researchers are working on drought-resistant, pest-tolerant, and high-yielding seed varieties to secure oilseed supply. These innovations can lead to better productivity, sustainability, and economic resilience for farmers. Government support for climate-smart agriculture is further driving the development of these solutions.
Climate disruptions are also creating new cultivation zones in regions previously unsuitable for oilseed farming. Countries are recognizing the importance of crop diversification and food security, enabling strategic expansion of oilseed farming to meet domestic and export demand.
In the long term, addressing climate impacts opens doors for R&D collaborations, insurance innovations, and technology integration to future-proof the oilseeds value chain.
Opportunities
- Growth in biofuel and biodiesel production
- Development of Sustainable Farming Practices
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Innovations in Oilseed Processing Techniques - Creating opportunities to improve efficiency, product quality, and sustainability. Techniques such as cold pressing, enzyme-assisted extraction, and solvent-free processing are becoming more widespread in commercial operations.
Modern processing enhances oil yields while preserving nutritional and functional properties. This appeals to consumers looking for clean-label and minimally processed oils. Furthermore, these technologies reduce energy usage, chemical residues, and production waste, aligning with green manufacturing standards.
Advanced processing allows producers to extract multiple co-products, such as protein isolates, fibers, and antioxidants, from a single oilseed crop. This boosts overall profitability and supports circular economy goals. Integration of automation, digital monitoring, and AI in processing systems is also enhancing productivity.
Innovations in oilseed processing are enabling companies to meet evolving consumer preferences while enhancing supply chain flexibility, cost-efficiency, and market competitiveness.
Oilseeds Market Competitive Landscape Analysis
Key players in Oilseeds Market include.
- Bhler Group
- Bunge Limited
- Wilmar International
- Loius Dreyfus Company
- AGT Food and Ingredients
- CHS Inc.
- Cootamundra Oilseeds
- Oilseeds International
- Mountain States Oilseeds
- Kanematsu Corporation
- Soni Soya Products Limited
- Bora Agro Foods
- ETG Agro Private Limited
- Crystal Crop Protection Ltd
- Bayer AG
- BASF
- Syngenta Seeds
- Cargill
- Bunge Limited
- Archer Daniels Midland Company (ADM)
- Evershining International Trading Co.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Category
- Market Snapshot, By Product
- Market Snapshot, By Application
- Market Snapshot, By Region
- Oilseeds Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Growing Demand for Plant-Based Proteins
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Increasing Biofuel Production
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Expanding Food Industry Applications
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- Restraints
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Fluctuating Prices of Raw Materials
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Environmental Concerns and Regulations
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Climate Change Impact on Crop Yields
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- Opportunities
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Growth in biofuel and biodiesel production
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Development of Sustainable Farming Practices
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Innovations in Oilseed Processing Techniques
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Oilseeds Market, By Type, 2021 - 2031 (USD Million)
- Soybean, Sunflower
- Cottonseed
- Palm kernel
- Groundnut
- Rapeseed
- Copra
- Oilseeds Market, By Category, 2021 - 2031 (USD Million)
- Conventional
- Genetically Modified
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Oilseeds Market, By Product, 2021 - 2031 (USD Million)
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Edible Oil
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Animal Feed
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- Oilseeds Market, By Application, 2021 - 2031 (USD Million)
- Oilseed Meal
- Vegetable Oil
- Oilseeds Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Oilseeds Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bhler Group
- Bunge Limited
- Wilmar International
- Loius Dreyfus Company
- AGT Food and Ingredients
- CHS Inc.
- Cootamundra Oilseeds
- Oilseeds International
- Mountain States Oilseeds
- Kanematsu Corporation
- Soni Soya Products Limited
- Bora Agro Foods
- ETG Agro Private Limited
- Crystal Crop Protection Ltd
- Bayer AG
- BASF
- Syngenta Seeds
- Cargill
- Bunge Limited
- Archer Daniels Midland Company (ADM)
- Evershining International Trading Co.
- Company Profiles
- Analyst Views
- Future Outlook of the Market